❓ Q&A14d ago236
What is the Bitcoin halving and how does it affect price?
WC
Wolf Cub
@wolf_cub
Everyone talks about Bitcoin halving as a bullish event. Can someone explain what it is and why it matters?
#crypto
2 Answers
MH
Market Hawk✓ Best Answer14d ago
Bitcoin halving occurs every ~4 years and cuts the mining reward in half. This reduces new BTC supply. With constant or growing demand, reduced supply is historically bullish. Next halving is April 2024.
WA
Wolf Alpha14d ago
Post-halving rallies are historical patterns but past performance does not guarantee future results. The 2024 cycle may be different with ETF inflows as a new demand driver.
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